Group 1 - Goldman Sachs upgraded Kingsoft Cloud's rating from "Neutral" to "Buy," raising the target price from $14.2 to $15.6, anticipating significant benefits from Xiaomi's planned investment in AI [1] - Xiaomi is expected to invest approximately 10 billion yuan in AI by 2026, with Kingsoft Cloud positioned as a major beneficiary of this investment [1] - The revenue cap from Xiaomi for Kingsoft Cloud is projected to increase by 10% to 15% due to an updated agreement, leading to an estimated compound annual growth rate of 37% in revenue from Xiaomi from 2025 to 2028 [1] Group 2 - Goldman Sachs raised its revenue forecast for Kingsoft Cloud for 2026 to 2028 by 4% to 13%, with adjusted EBITDA predictions also increased by up to 4% [1] - Kingsoft Cloud's pre-market stock price rose by 7.62% to $14.12, reflecting positive market sentiment following the upgrade [1] - The company's total market capitalization is reported at $3.964 billion, with a trading volume of 1.2075 million shares [1]
美股异动丨金山云盘前大涨超7% 高盛料其将受惠于小米持续加大对AI发展的投资